Results of the Day : 6/10 stocks gave tradeable moves
1/6 : #CHOLAFIN : LOSS : -1R
Price came up to previous session resistance and formed a Bearish engulfing candle with wick.
All conditions for my setup were met and hence Short trade was taken.
2/6 : #CIPLA : LOSS : -0.2R
Price broke a significant support with Volumes.
Short trade was closed early since Bullish tail forming candle came in with Good Volumes
3/6 : #McDOWELL_N : PROFIT : +1.2R
Price was giving bullish signals but a Wide range Bearish engulfing candle formed with High Volumes
Price took support in the support zone and did not hit +2R targets
4/6 : #AUROPHARMA : PROFIT : +2.3R
Price gave a fakeout below Support and formed a Wide range Bullish candle with high volumes
Exit was done after bullish bias was getting weaker
5/6 : #INDUSINDBK : PROFIT : +3.5R
Price broke previous resistance with a strong candle and good Volumes.
Again Exit was done after Bullish structure got weaker
6/6 : #SRTRANSFIN : PROFIT : +1R
This stock formed a Bullish setup as detailed on chart.
Since the Volumes were lacking, it was closed at +1R.
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